Roth MKM Sticks to Its Hold Rating for Daqo New Energy (DQ)
In a report released today, Philip Shen from Roth MKM maintained a Hold rating on Daqo New Energy, with a price target of $30.00. The company’s shares closed yesterday at $29.69.
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Shen covers the Technology sector, focusing on stocks such as First Solar, NEXTracker, Inc. Class A, and Daqo New Energy. According to TipRanks, Shen has an average return of 7.4% and a 42.02% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Daqo New Energy with a $32.20 average price target.
The company has a one-year high of $31.21 and a one-year low of $12.41. Currently, Daqo New Energy has an average volume of 1.2M.
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